TUSK: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, TUSK has $344,736K in assets. $81,787K in debts. $92,717K in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
245.49%
Quick Ratio
241.24%
Cash Ratio
123.17%
Debt to Asset Ratio
23.72%
Unit: Thousand (K) dollars
Assets Breakdown
Cash and cash equivalents
Sand reserves, net
Accounts receivable, net
Others
Liabilities Breakdown
Additional paid-in capital
Accumulated deficit
Income taxes payable
Others

Balance Sheets	2026-03-31	2025-09-30	2025-06-30
Cash and cash equivalents	92,717	98,167	127,250
Marketable securities	32,447	12,733	-
Restricted cash	12,097	29,461	30,053
Accounts receivable, net	34,739	41,893	44,787
Inventories	3,194	4,269	3,466
Current assets held for sale	4,333	5,618	10,017
Other current assets	3,895	4,310	7,559
Current assets of discontinued operations	1,363	2,558	17,001
Total current assets	184,785	199,009	240,133
Property, plant and equipment, net	113,228	83,828	68,422
Sand reserves, net	39,613	39,713	40,519
Operating lease right-of-use assets	2,043	3,592	3,884
Other non current assets	5,061	6,219	6,728
Noncurrent assets of discontinued operations	6	4,392	4,508
Total assets	344,736	336,753	364,194

Accounts payable	14,412	12,219	11,407
Accrued expenses and other current liabilities	18,016	17,519	21,299
Current liabilities held for sale	-	42	1,739
Current operating lease liabilities	1,619	2,693	2,969
Income taxes payable	40,931	46,634	48,009
Current liabilities of discontinued operations	295	1,052	10,678
Noncurrent liabilities of discontinued operations	-	0	0
Total current liabilities	75,273	80,159	96,101
Deferred income tax liabilities	2,686	2,541	932
Long-term operating lease liabilities	1,047	2,028	2,292
Asset retirement obligations	2,770	2,722	2,714
Other long-term liabilities	11	60	117
Total liabilities	81,787	87,510	102,156
Common stock, 0.01 par value, 200,000,000 shares authorized, 48,170,647 and 48,358,315 issued and outstanding at march 31, 2026 and december 31, 2025, respectively	481	482	482
Additional paid-in capital	540,435	540,842	540,842
Accumulated deficit	-273,859	-287,947	-275,332
Accumulated other comprehensive loss	-4,108	-4,134	-3,954
Total equity	262,949	249,243	262,038
Total liabilities and equity	344,736	336,753	364,194

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

MyFinsight

Balance Sheets Overview

Time Plot

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Balance Sheets

Balance Sheets Overview

Time Plot

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Balance Sheets

Balance Sheets Overview

Current Ratio245.49%Quick Ratio241.24%Cash Ratio123.17%Debt to Asset Ratio23.72%Unit: Thousand (K) dollarsAssets BreakdownCash and cash equivalentsSand reserves, netAccounts receivable, netOthersLiabilities BreakdownAdditional paid-in capitalAccumulated deficitIncome taxes payableOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio245.49%Quick Ratio241.24%Cash Ratio123.17%Debt to Asset Ratio23.72%Unit: Thousand (K) dollarsAssets BreakdownCash and cash equivalentsSand reserves, netAccounts receivable, netOthersLiabilities BreakdownAdditional paid-in capitalAccumulated deficitIncome taxes payableOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets